Nairobi, April 27 -- The Kenya Mortgage Refinance Company (KMRC) is scheduled to float a sustainability bond on April 28, with a target to raise Sh3 billion, in what would mark the second green-debt issuance just four months after Safaricom listed a record Sh40 billion one on December 16, 2025.

KMRC will be going to market with the second tranche of its Sh10.5 billion bond programme, coming four years after its debut issuance in February 2022, during which it raised Sh1.4 billion through its inaugural corporate bond that attracted 480 percent oversubscription.

Read: KMRC to raise new debt via a green bond in April

The mortgage refinancer will be floating an eight-year tenured note with a 5.1-year average weighted life, meaning pri...